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is the first thing you tell people about china? >> the first thing i tell people when they ask me about china, france coming over, people i meet who are not familiar with it, is there is no one china. it is like talking about the united states as one entity when, in fact, new york is different from texas, or california, or someone from the south is different from someone from the north. china is a massive, diverse country. if you come to visit, do not spend all of your time just in beijing. try to go somewhere different. other places are nothing like beijing. when i have friends come to visit, i love to go out and try regional foods. hunan food, middle eastern food, just to give people a flavor that -- when we talk about china, and i am guilty of it too, it is just a short hand. there is no one china. >> what story have you written that has gotten the most attention in china? >> a really good question. i think the story of the communist party chief, bo xilai. that exposed a lot of corruption at the high level of the communist party. i think the escape of the blind activist got as much attenti
texas, or california, or someone from the south is different from someone from the north. china is a massive, diverse country. if you come to visit, do not spend all of your time just in beijing. try to go somewhere different. other places are nothing like beijing. when i have friends come to visit, i love to go out and try regional foods. hunan food, middle eastern food, just to give people a flavor that -- when we talk about china, and i am guilty of it too, it is just a short hand. there is no one china. >> what story have you written that has gotten the most attention in china? >> a really good question. i think the story of the communist party chief, bo xilai. that exposed a lot of corruption at the high level of the communist party. i think the escape of the blind activist got as much attention from folks back here who are interested in the human rights question. chen guangchen's escape from harsh treatment and interrogation. partly because he is blind and being a human rights lawyer and activist. somehow, he escaped from these conditions. he made his way hundreds of miles
more action. the head of the foreign affairs will head to china. japanese diplomats say he'll call on the chinese to help adopt a new u.n. security council resolution, authorizing more sanctions against north korea. he's also expected to ask to persuade north korean authorities not to conduct anymore nuclear or missile tests. the problem is chinese leaders urge their allies to hold off on the test, but president north koreans did it anyway. now some people in china want their government to rethink their relationship. here's more from beijing. >> reporter: north korea conducted the nuclear test while people in china were celebrating the lunar new year. a spokesperson for china's foreign ministry criticized the action. >> translator: we have released a strong statement regarding north korea's nuclear test. we have made it clear that china is resolutely opposed to this kind of action. >> reporter: this footage was shot in a city in northeast china. people can be seen strolling and going about their business across the border in north korea. the close proximity of the two countries rai
is the meeting tomorrow between obama and abe a meeting about china? >> even the japanese economy is about china. the american economy relies on them for the military and -- to maintain a stable balance of power in action -- they are concerned of a change in power. chinese growth makes the japanese economy important. and they will talk about china. >> they have to have japan act -- the second and third largest economies in china and japan, and japan is the counterbalance. >> the u.s. doesn't have the ability to stop china's growth, and will the major economies have the clout to write the rules and set the norms that make sure china's rise is useful. >> we could be talking ofut the security concerns china and japan. this is almost the same, keeping a check on the rising china. >> containing china is not in our means. there is a finite security problem, the island dispute where both sides have been more robust, shall we say, in pursuing the claims as japan buys the islands and china by swarming the waters with paramilitary units, much more aggrressive in the rules of engagement. the prime minister
a fourth consecutive month of expansion. china's hsbc flash pmi index for february slipped to 50.4, the lowest reading in four months and down from a two-year high in january of 52.3. no one is hitting the panic button just yet. >> while the flash pmi slipped from a two-year high in yarn, it tells us china's economic recovery is intact. 6.4 is considered that the week long lunar new year holiday fell in february of this year. look back at lunar new year last year and you can see some of the distortion effect it fell in january 2012. what may be worry background this month's flash pmi is the new export orders subindex. it inched down to contraction territory, add to go existing worries about this sector. taken as a whole, the flash pmi number is the earliest indicator of china's health and the hsbc and the official data have been steadily improving. the hsbc category track tess official firms. the official is represented by green line here. now, all eyes are on friday when we will get the final pmi readings. back to you guys. >> all right. that was diedra. joining us for more, dar
, thank you for shedding light on what you're doing. tensions have been renewed between japan and china. the prime minister has accused china of provocative activity in the east china sea over their rival claims to disputed islands. the incident on tuesday when a warship locked on to a japanese destroyer, he called it a unilateral and dangerous act that could have unpredictable consequences. we have this report, from tokyo. >> january 30, japan says that a chinese navy frigate like this one locked its fire control radar onto a japanese destroyer in the east china sea. about 10 days earlier tokyo says that another frigate like this one did exactly the same to a navy helicopter. addressing parliament today, the prime minister condemned both it -- condemned both incidents. >> at a time when there were hopeful signs of japan and china resuming talks, it is report -- it is regrettable that they have engaged in this one-sided and provocative action. >> incidents are reported to have taken place close to this group of islands, which japan controls but china claims as its own. for months japane
the economies of europe, japan, china, and south korea. next, on booktv. this is a little over an hour.ro ba okay. it is great tock be back at the society. >> for 25 years now, we enjoy a terrific relationship with the a japan society in so manyys wayse ved quudible] bed we have lived quite a bit o time in this is great to be with you let's see, in terms of this whole notion of the book, you know, by the way, it's a very modest title, banker to the world. [laughter] you know, when i heard of this -- and i'm a very close personal friend of bill's, like everybody in this room is, and so when testifies talking to me about this -- when he was talking to me about this concept of what he wanted to write about, lessons of debt cry cease and all of this, i just knew that it was right in our sweet spot in what we needed to be able to do. so we were able to convince him, and so now i'm not talking to you as his friend, i'm talking to you as his publisher. [laughter] and we had this decision, you know, we were going to do this book, and we kid. and we did. now, the ink wasn't even dry on this book when
of europe, japan, china and south korea. next on booktv. this is a little over an hour. [applause] >> okay. first of all, it's great to be back at the japan society, and we enjoy our relationship that way. tokyo, for the mcgraw-hill companies, has been the headquarters of our asia pacific operations for 25 years now, and we enjoy a terrific relationship and a lot concern in a lot of different ways. one of many by colleagues is with me, doug peterson, who just joined us from citi, and he is heading up standard & poor's ratings, and we welcome you, doug. and doug has lived with citi all over the world and as such as lived quite a bit of time in japan itself. so it's great to be with you tonight as well, doug. let's see, in terms of this whole notion of the book, you know, by the way, it's a very modest title, banker to the world. [laughter] you know, when i heard of this -- and i'm a very close personal friend of bill's, like everybody in this room is, and so when testifies talking to me about this -- when he was talking to me about this concept of what he wanted to write about, lessons of d
is less than 100 miles from north korea's china border. and is the same site used for north korea's previous two tests. the first in 2006 and the second in 2009. the u.s. geological survey detected a 4.9 magnitude seismic event in the area, more powerful than the 4.5 that registered in 2009 after north korea's second test. scientists in multiple countriesing detected the explosion. north korea issued a confirmation, declaring the test was quote, carried out at a high level in a safe and perfect manner using a miniatureized de greater explosive force than previously, unquoted. pyongyang also declared the the reckless hostility of the united states. unquote. in a state of the union address tuesday president obama had this to say. >> provocation of the sort we saw last night will only further isolate them as we standby our allies, strengthen our own missile defense and lead the world in taking firm action in response to defense and take firm action in respnorth threats. >> this is north korea's first successfully launched a long range rocket, raising fears north korea now has the cap
up on the program, we'll head out to hong kong where china is requiring a reinstruct during of the economy. >>> after that, of course, the super bowl wasn't just one of the on biggest sporting events of the year, it was one of the biggest days of the year for madison avenue. we'll take a look at which ads were touchdowns and were ads were fumbles. >> mariana rajoy meets angela merkel. >>> plus, upcoming elections that sylvia berlusconi has called his last great electoral and political battle. >>> the power to split up uk banks if they fail to -- activity. george osborne is expected to give the bank of england the responsibility to make sure banks are involved in these activities. you have to love the extended analogy. watch the george osborne speech live here at 10:30 local for those of you here with us in the uk. in the meantime, there are more charges at the top over at barclay's. last night, the bank's financial chief and financial chief announced their leaving. tomorrow, barclay's ceo anthony jenkins will face questions in parliament over banking standards and next week
had told the u.s. government about the test beforehand. and even china, north korea's sole ally, has urged pyongyang to stop before it makes matters worse. >> tensions are high in south korea. protesters denounced north korea's nuclear tests. north korean state media claim the country had exploded a more powerful bomb than it had been able to build a earlier. diplomats at the united nations security council emergency meeting also expressed alarm. >> countries around the world, including every member of this security council, agreed that this test was an extremely regrettable act that further undermines international peace and security. >> many countries will likely impose new sanctions against north korea, but observers say that china has the most leverage. >> for china, it will depend on showing that north korea has gone too far this time and it will not go without consequences for the north korean-chinese relationship. i expect that china will also decide on painful sanctions for north korea. >> china is north korea's protector, but p'yongyang carried out the nuclear test not far f
to step aside. >>> the rush to set up shop in china is down. the fastest decline in more than three years in january. >>> okay. lots happening on the program today including a grew interviewer coming up. we'll be counting down to the bank of england minutes after andrew bailey is to lead the new banking regulation unit. the minutes will be out in a half-hour's time. we'll bring those and u.k. unemployment figures. >>> the central bank watch extends overseas as investors stand by for minutes from the federal reserve's latest meeting. they're due out later this afternoon in the u.s. will the fomc offer clues on an end to qe3? we're joined at 11:30 to weigh in. >>> with india's government clouded in corruption allegations, we'll speak to one of the country's wealthiest individuals and what it means for business. billionaire udai kotak joins us in 20 minutes' time. >>> plenty coming up including sony which is heading to the bill apple for a major on, national endowment. will the game console giant take the wraps off its rumored playstation? expert analysis at 11:20 cet. >>> and bhb bulletin h
challenges facing the economies of europe, japan, china, and south korea. next on book tv. this is a little over an hour. [applause] >> okay. first of all, it is great to be back. we enjoyed our relationship that way. tokyo has been the headquarters of our asia-pacific operations for 25 years now. we enjoy a terrific relationship and a lot of different ways. one of my colleagues who is with me, doug peterson who just joined us from the city, and he is setting up. we welcome you, doug. dougie is all over the world. as such, he has lived quite a bit of time in japan himself. it's great to be with you tonight as well, doug. let's see. in terms of this whole notion of the book, by the way, a very modest title, banker to the world. when i heard of this, and i am a very close, personal friend of bill's, like everyone in this room is. and so when he was talking to me about this concept of what he wanted to write about to lessons of debt crises and all of this, i just knew that it was right in our sweet spot, what we needed to the will to do. so we were able to convince them. so no i'm not talking
on bringing top investors with us. we brought china investment corporation to invest in several transactions. last year 1.5 billion came from investors. so our approach is invest a little bit of money, but have investors since the walls come and invest in russia so it's all about increasing the partnership of foreign investors and of private investors in the foreign economy. >> we had the ipo going on at the moment, as well. you are a stakeholder in that, as well. can you tell us what the intentions are regarding that ipo? >> well, we're big deliverers in my business. we're a shareholder. we would like to increase our stake in the business and we would like to continue bringing investors with us. we already brought quite a few investors into the company. the ipo will be happening tonight. we have big delivery of the business because it's a monopoly stock exchange in russia. president putin mentioned that most of the exchange will happen with the schangz. >> and so you can't tell us exactly what you're doing until we find out tomorrow, but there is a good chance you want to increase your expo
-- a crisis. -- the crisis. >> in china the foreign ministry says they are firmly opposed to the third nuclear test in north korea. the have urged north korea to abide by its non-nuclear commitment. martin has traveled to the border city to gauge local reactions. >> we are here in the city, home to the largest north korean population in china. the soldiers told us that we were not allowed to film because the situation was highly tense. carrying out its third nuclear test 100 kilometers from where i am standing. >> we are near the north korean border. if there were any nuclear radiation, it would greatly affect our health. i hope that authorities can find out if it has harmed the environment. >> north korea is so poor. if the situation becomes worse, this city will be flooded with north korean refugees. >> the un security council has condemned the north korean nuclear attacks and said that they will take further action, but if new sanctions are to be introduced, they will have to employ china as the main backer. beijing will want to send a tough message to pyongyang, that this type of behavior
monetary condition in china. in japan, the nikkei recouped early losses to finish higher by 0.7% while investors watch if the u.s. backs aggressive economic recovery plans. .some european sensitive stocks were weaker over concerns about the u.s. economy and data but heavy with stocks. south korea's kospi managed to finish largely in the green. australia's asx 200 finished about 0.75% in the green. india's sensex now trading higher by 0.3%. back to you. >> sixuan, thank you very much. a lot of key levels on global markets this week. still to come on the program, we'll be live on the ground. here are some highlights of what we've heard from the candidates so far. >> i've never spent that much on something for any girlfriend. an incredible sum. it's the most interesting i could do. we've announced the wish to make a gesture from the state aimed at renewing our closest and peaceful relationship with the people. >> translator: we'll put italy first. we need to pull out of this. we don't want to have enemies. we want to use our ideas to call italy out of this situation. and i also want to sp
taster. in china, it's the first trading day market in the new year of the snake. so will it be new year old problems? up next from hong kong, we'll have the latest analysis. >> did you just slither? also, the final week of campaigning in italy ahead of the general elections. we will be live in milan throughout the morning for a roundup of the candidates policies and pit falls. julia will join us for that. >>> and hear state from the finance ministers. we have a roundup of the g-20 meeting in moscow. >> and london fashion week is under way and international expansion seems to be the latest trend. we'll hear from top designers who are putting their foot forward on the global runway. >>> first, standard & poors says it wants more time to gauge shinzo abe's rating policies. s&p says recent policies could reflat japan's economy. but the government's books will continue to be weighed down by heavy debt. that's even if plans go ahead to raise a sales tax. there's a one in three chance of a downgrade this fiscal year. this is as the japanese prime minister shinzo abe says he will consider chang
announcer ] hold packages at any fedex office location. >>> over the weekend, china's service sector gauged up slightly for january, as well, which is adding to evidence of some economic rebound. let's check in with markets across asia. li sixuan joins us from singapore. >> thank you, kelly. as you just mentioned, those eurozone fears and a negative handover from wall street were somewhat offset by upbeat data from china. the latest pmi data confirmed more signs of china's recovery. the shanghai composite reversed early losses to end marginally higher today. developers left the game. railway stocks soared to 8% to 10% growth in light of people traveling during this week's holiday rush. meanwhile, the hang seng had its worst day in almost three months. shares tumbled 6.4% today after a $3 billion new share placement added 9.5% discount from montd's closing price. in japan, the nikkei pulled back from its 33-month high, ending down by nearly 2%. shares slipped of 6% after its outlook by 16%. retailing lost over 3%. this comes after its unit close in domestic same store sales last month. elsew
slowing of contraction. in china, services pmi accelerating to 54. as markets climb back from the s&p's worst day since november, is today's market going to demonstrate investors' willingness to buy the shallowest of dips. >> the business that accounts for half of sales down 6% for the recent quarter. >> justice department's lawsuit raising all kinds of questions. is this payback for downgrading the sovereign debt? >> and will today bring news of a dell lbo, and if it happens, what is the effect on equity markets, credit markets, the pc sector and michael dell himself. >> we start with the markets today. futures off the highs of the morning. the biggest decline of the year so far. s&p fell back below 1,500. the markets topped out, or is there more room to run for the bulls. jim is back from new orleans and other exotic locales. >> oh, yeah. >> good to have you back. >> thank you, carl, good to be back. >> are we in a new kind of environment? >> i think there's some program selling. the dow 14,000, a lot of institutions might say, okay, enough is enough. let's do some lock-in. i thin
, if they were particularly frightened they would have not tested in the first place. they realize china will protect them? security council. china will not enforce any sanctions that come out of this process. so the usual drill as susan rice said is not good enough. that means the united states needs to take matters in its own hands. we need to put in effect the sanctions the bush administration imposed in 2005 and unfortunately lifted prematurely in 2007 at china's behest. we have to stop north korea from selling this long-range missiles and these nuclear devices to iran. which of means we probably need our navy in waters very close to north korean shores. jon: stop leaning on the chinese to fresh sure the north koreans? >> we should do that but shouldn't rely on that as the only way. in the bush administration we really looked to china to rein in north korea, unfortunately we placed a greater emphasis integrating china into the international system than disarming north korea. we need to disarm that. we need to disarm north korea first. because we have only a limited numbers of years t
in beijing was muted given the record levels of air pollution. >> you decided to go to china town this weekend? >> we thought we would try. lunar new year is probably not the best day of the year to casually swing by and hope for a spot. >> no. >>> meanwhile, hundreds of thousands of resolvers took to the streets to enjoy parties and parades. rio's carnival alone sets to generate more than $650 million for the local economy, as well as celebrations in 2013 as well as a test of brazil's infrastructure ahead of the world cup next year and the olympic games in 2016. joining us for more is mya bandari. huge infrastructure problem, actually, for brazil with those events. are they meeting that challenge? >> well, i think the key point really to make about things like olympics and the world cup is that they tend to have fairly standard effects, if you like, on the economy. we saw that with the uk, we saw that with china. you have really a temporary fiscal boost in the two quarters in the run up to the event. then what happens in the actual quarter is a little bit dubious. it depends on,
, somewhere else. >> reporter: packham says all those pandas china is breeding will likely spend their lives in zoos, including here in america, since china's industrial growth has left little space for them in the wild. >> and to have them as a zoo animal, to have them only living in captivity? >> no point. >> reporter: but sarah doesn't believe that saving the panda, even in the wild, is a lost cause. >> if we truly cannot save space for giant pandas, how could we ever have hope for any of the others. if we can't save the one we profess to love the most. >> reporter: at chengdu, they're doing everything they can to save this icon of wildlife conservation. kate snow, nbc news, chengdu, china. >> provocative topic. kate snow will have more on this tonight as part of "rock center" at 10:00, 9:00 central here on nbc. we are back in a moment with a woman on a fast track to make history this weekend. ♪ >> it's "saturday night live"! >> we want to wish a very happy 95th birthday to our friend, don pardo, long-time voice of "saturday night live," still going, still unmistakable. don pardo was fi
to benefit from that. from china, india, indonesia, and so on. that is not the end of the story. a task even graver remains. to enhance japan's productivity. women should be given much greater opportunities. the mostly aged population should be able to give their money to the younger generation with similar tax burdens, which is exactly what my government is now doing. before conclusion, let me make a few words on china. and then define how i view the u.s.-japan relationship. history and international law both attest the japan sovereign territory. between 1895 and 1971, no challenge was made by anyone against japanese sovereignty. we simply cannot tolerate any challenge now and in the future. no nation should make any miscalculation about the permanence of our resolve. no one should ever doubt the robustness of the japan-u.s. alliance. at the same time, i have absolutely no intention for escalation. my government is investing more into the people oppose the exchange's between japan and china. for me, japan's relations with china stand out as among the most important. i never cease to pursue
in southern china. four tourists decide and three others were injured. a couple of years earlier a balloon exploded immediately after taking off in the suburbs of vancouver, canada. to people died and 11 others were injured. and in 1995 strong winds forced a hot air balloon into the sea off the coast of new zealand. three of the nine people on board died. >>> italian election officials say no clear front-runner has emerged in national elections. the center-left coalition is projected to win a majority in the lower house of parliaments but results in the upper house were less certain. the country could be headed for political gridlock, raising concerns about the next leader's ability to tackle a number of economic problems. political analysts said the election amounted to a referendum on austerity measures imposed by the current government. officials have counted almost all of the ballots for the lower house. under election laws the political group with the most votes is given enough seats to claim a majority in that chamber. government officials say the center-left coalition captured 29.5%
like drugs, stolen by thugs, and threatened by inferior imports from china. >> he found one already? where, where, where? where? he found one? oh, my god. oh, smell that. in the beautiful italian province of perugia, truffle hunters roam the frosty hills with their trained dogs, who sniff out these lumpy mushrooms when they're ripe, one at a time, as they have for centuries. wow. truffles grow wild, underground, usually at the base of an oak tree. [pig snorts] they used to use pigs, but they ate the truffles. >> very rich american people, they only see truffles on the table of a very elegant restaurant. they don't see this. now you know why they are expensive, right? >> olga urbani may be the only person in the world who goes truffle hunting in a full-length fur coat and a caribbean tan. but in the truffle business, she can pretty much do what she wants. olga. >> yeah. >> her company, urbani, controls 70% of the world's truffle trade. >> when you find the truffles, it's like to have a miracle. >> another one. other countries, including the u.s., have tried cultivating truffles with
on cyber security. the white house looking to go after china. no dow a growing concern all around. we have some investment ideas for you. dagen: wasting your tax money on these things. the high number of irs employees that have blackberries, but do not need them. connell: walt mossberg will be here. dagen: we cannot wait for that. top of the hour. stocks now and every 15 minutes. nicole petallides is that the new york stock exchange. nicole: it was posted on the side and then it was pulled down. were they, are they, aren't they? there was uncertainty as to what was really happening. then those stocks were halted here at the new york stock exchange. they actually backed up into one another, the two graphs. now you can see that it is unofficial. back to you. connell: we have china denying reports that a military unit is behind a series of cyber attacks against u.s. companies. dagen: the white house is considering fines and other trade penalties against china. peter barnes has the very latest from washington. peter: the administration is expected to release its own reports. attorney general e
out in the society to take care of the elderly. china already has a slow motion catastrophe where you are going to have literally hundreds of millions of people who are elderly with no state support whatsoever in the pension health care and very little money to support them because as the one child policy they have one of their own and so what are the chinese we do? and it's a terrifying question. >> host: if you are convinced this is a ruling disaster of some kind, what works or what doesn't, what can the government do to encourage women or families to have more children? >> guest: that's how we sell books. people have been trying to do this for all long time. caesar augustus past the bachelor tax to get people married and have kids and that didn't work. they have a fertility problem and they have a motherhood metal to have five or more children. you can get them on ebay. they've spent the better part working hard. the other countries say the fertility rates aren't that hot and they have the rate of 6.1 to 6.7. all the evidence suggests that is because of innovation and they have a g
with the hardware that we buy today, all the products are being made in china or thailand. there is something that can be put into that. it is hard to get out of there. stuff we are getting all over america is a problem. it is the hardware. everything comes from china. we have to stop that. guest: he is partly correct. not everything comes from china, and there are other threats. you're absolutely right, that hard were developed through these long international supply chains, is an enormous problem. we at the internet security alliance had been working on a program to develop a mechanism to better manage the hardware development process. the key here is economics. the reason why we have these long supply chains, in china, and compromises can be put into hardware throughout that supply chain, and the reason we have it is because it is so economical. you cannot compete in the market unless you're accessing these long international supply chains. we have to find a way to secure this system, understanding we may have some insecure parts to the system. we can do those sorts of things. the key is n
, when you head home for the holidays, try living in china. this is where a couple hundred million people are about to hit the road. try align. it's the number one ge recommended probiotic c" that helps maintain digestive balance. ♪ stay in the groove with align. ♪ need help keeping your digestive balance in sync? try align. it's a probiotic that fortifies your digestive system with healthy bacteria 24/7. because your insides set the tone. stay in the groove with align. it's lots of things. all waking up. connecting to the global phenomenon we call the internet of everything. ♪ it's going to be amazing. and exciting. and maybe, most remarkably, not that far away. we're going to wake the world up. and watch, with eyes wide, as it gets to work. cisco. tomorrow starts here. then you're going to love this. right now they're only $14.95! wow-a grt deal just got a whole lot better. hurry. $14.95 won't last. . >>> welcome back to newsroom international we take you around the world in 60 minutes. right now in ireland the government finally admits to playing a role in enslaving thousands
that we have on this development is that we have china's reaction to north korea's nuclear tests, as well. china's foreign ministry statement goes that it is china's firm stance to realize nonnuclearization for the korean peninsula and prevent a nuclear proliferation and maintain peace and stability in northeast asia. remember, china is north korea's probably one and only ally and that it's been pretty patient with its bad behavior and this nuclear test could complicate things a bit, given that the chinese support was to maintain the status quo in the region. guys, back to you. >> chery, thanks very much. we should note the international response has been swift. you saw president obama calling for swift reaction. india saying reports of the nuclear test are a matter of deep concern according to a foreign ministry statement. >>> moving down to conco which has expressed solidarity with its ceo who has just been arrested for alleged bribes. shares have just resumed trade in malan. now, ross, they're down something less than 9%. we did see closer to a 15% decline earlier. over to you. >> than
health care workers could wreak havoc on the industry. >>> china's cyberwarriors have penetrated the biggest institution. the white house promises to strike back. a former nsa official is here how to do it. "piles of money" coming up. ♪ to grow, we have to boost our social media visibility. more "likes." more tweets. so, beginning day, my son brock and his whole team will be our new senior social media strategists. any questions? since we make radiator valves wouldn'tt be better if we just let fedex help us to expand to new markets? hmm gotta admit that's better than a few "likes." i don't have the door code. who's that? he won a contest online to be ceo for the day. how am i supposed to run a business here thout an office?! [ male announcer ] fast, reliable deliveries worldwide. fedex. [ male announcer ] fast, reliable deliveries worldwide. (announcer) scottrade knows our and invest their own way. with scottrade's smart text, i can quickly understand my charts, and spend more time trading. their quick trade bar lets my account follow me online so i can rct in real-time. plus,
meters into a gully. china central television quotes a local official saying nine people were killed and at least 11 injured. it says a search and rescue operation is under way but is being hampered by poor visibility caused by fog. poli are investigating the cause of the explosion. >>> taiwan's premier is stepping down in the face of growing public frustration with the nomination of jo. chen announced he is announcing due to health problems and he assumed the post after ma ying-jeou was elected. he was expected to use of his economic expertise. he served as a finance official and head of the supervisory commission. but taiwan's economic growth dropped due to the euro zone debt problems and the slowdown of the chinese economy. the administration is being criticized for delaying a reform of the pension system that favors retired civil servants and military personnel. three weeks ago about 90,000 people took part in a rally organized by the largest opposition democratic progressive party. the support for president ma has fallen to 13%. a vice premier is expected to analy analy analyst
saw in china sales rebounding last month, over 2% following a big drop in december. you're also joining baic motors in a joint venture there. how do you see the china sales progressing? and what percentage of your sales will now be in mainland china? >> well, we expect china to become our biggest market. last year, this was the united states. in china, we after a slowdown of our growth last year have made some decisions, including a board member for china, a new sales structure and recently the intended investment into bike. with these changes and, of course, lastly driven by our great product, we expect to regain momentum throughout this year. >> what happened in china? were you not -- should you not have been more aggressive going into that market which is clearly the growth opportunity here and where are you lagging rivals? >> well, first of all, we came many years later than our direct competitors. for about 60 years, we had a great catch up. we grew faster than our direct competitors. in 2011, we were almost at the level of one of the two competitors. 12 we lost momentum. t
our sovereignty said china, the u.s., now canada, even leaders doesn't permit us to monitor. doesn't permit us to report to international body. doesn't permit an international body to tell us what to do with emission. sovereignty has become the obstacle to cooperation and increasely made states look more and more dysfunctional. how is that the most powerful, well equipped military nation in the world has ever seen the united states of america can't bring a handful of terrorists to heal in benghazi or mali, or afghanistan. the asymmetry between a massive military based on big ships, planes, and bombs and the reality of every day -- cross borders that a symmetry means that the war machine, the war machine of the greatest state there ever was is largelier relevant to the security threats we face. as we learn on 9/11 when in this city, a handful of hijackers living in the united states for years hijacked our planes and turned them to weapons. they didn't have to be given weapons by anyone. they seize them and use them and created devastation here. that, again, is a sign of this new asy
the ministry of tourism that they contacted the relevant embassies, which includes china, japan, hungary, france, and britain, to coordinate the response and how to get the bodies back home. of course, this comes as a huge blow for the egyptian tourist -- tourism industry. one of the main sources of revenue, being one of the last areas of the country where tourists were still going to, given the fact that cairo and surrounding cities are stowe -- are so unstable politically, and also the fact that the sinai is reported to be a difficult area to navigate in various reports of kidnappings there. it comes as a blow to the egyptian economy at a time when it could ill afford an accident like this. >> syria's opposition decided it will after all attend a conference in rome to discuss the future of the country. the change of heart was prompted by the u.s.-u.k. who promised more aid. the coalition previously refused to attend in protest for what it called a world silence over the conflict. the syrian government would not be in wrong but it did say on monday it would negotiate with any group, inc
visibility caused by fog. china says 26 people are dead. police are investigate judging the cause of the explosion. >>> sharp may be following the foot steps of some recent companies. ron madison is here to explain the story. >> rough days for some electronics makers. many are staging come backs. sharp is one of these companies. the struggling maker said it posted its first profit in the final three moves last year. sharp executives say operating profit between october and december totalled about $28 million. that came largely from higher than tar get sales of crystal television sets and smartphones. the company set up a goal to start posting profits in the second half of this fiscal year that ends in march. that was a condition for firm to don't receive financial support from its main banks. the managing direct orsaid the company will make speedy efforts to restructure. he also says the company will continue to consider selling it's overseas plants and receive investment from taiwanese electronics giant. that will be part of its further turn around attempt. >>> meanwhile panasoni
there to take care of the elderly. china -- china already has what is called a slow-motion human catastrophe where you are going to have literally hundreds of millions of people who are elderly with no state support whatsoever in terms of pension and health care and very little money to support them because they have this one-child policy and almost no progeny of their own. so what are the chinese going to do with her old people? it's a terrifying question. >> host: well, if you are convinced that this is a disaster of some kind what works and what doesn't? what can be done? what if anything can the government do to encourage women or families to have more children? >> guest: [inaudible] that is how we sell books. [laughter] people have been trying to do this for a long time. seasseas are augusta saw they ha fertility problem and the empire. he tried to get people to get married and have kids and it didn't work or that the soviet union had a fertility problem so stalin commissioned a motherhood medal giving it out to women who had five or more children. you can get them on ebay for $5 today
of the world, europe, still very slow, but china a bit of a rebound, and, maria, the u.s. doing okay. again, hewlett-packard better than anticipated. >> all right, david, thank you. stay right there. we're going to bring in david garrity and roger kay of end point technologies associates. good to see everybody. thanks for joining us. want to point out aig numbers are also out, and i want to tell our viewers that there is stock to buy in aig after the close tonight. just spoke with the market-maker there, so we're watching that story as well as this story. hewlett-packard though is the focus right now. david garrity, what's your take on the quarter? >> the earnings multiple for the company, single digits, a five handle. i mean, here's a company. it's great and wonderful that they are doing better in terms of businesses that are losing share in the overall computing market, and it's thighs to see that they are getting some positive margin surprises, but the fact of the matter is hewlett-packard was initially thought to be an innovator and what we see out of corner, fine, we can rearrange the
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